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Budget and Spending: President's Fifth Special Message

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Report Type Reports and Testimonies
Report Date March 20, 1980
Report No. OGC-80-8
Subject
Summary:

The President's fifth special message for fiscal year 1980 proposed a revision to a previously transmitted rescission proposal decreasing the amount rescinded by $6.4 million.

The special message also proposed two new deferrals of budget authority totaling $20 million and revisions to two previously transmitted deferrals increasing the amount deferred by $15.9 million. The information provided in the rescission and deferral proposals was correct and the actions proposed were clearly and accurately stated.

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